German Startups Group Berlin AG: Further four investments in four months

2013.05.02., 12:25 (Forrás: dgap adhoc)
(DGAP-Media / 02.05.2013 / 12:24)

German Startups Group extends its portfolio

Berlin, 2.05.2013: The German Startups Group Berlin AG, a new provider of
seed venture capital for Germany's booming startup scene, has made ten seed
VC investments in the first ten months since its official launch - hence
acquiring some promising holdings. All ten companies are Berlin-based and
together generate a diversified portfolio of complementary business models
and startup entrepreneurs with a large upside potential.

'Our recent investments in TVSmiles and Zapitano mean that we now also have
a stake in the field of the 'Second Screen TV' and with Fab we also have a
foot in the door of the fastest-growing Online Shop world-wide' says
Christoph Gerlinger, CEO of German Startups Group, about the activities
since the last press statement published last December. 'And with our
investment in Rheingau Founders we give our shareholders access to
systematically and professionally planned startups at a very early stage'.
The coming months will see further targeted investments carried out by
German Startups Group not limited to the Berlin startup scene.

A brief overview of German Startups Group's new portfolio companies:

  - Fab (www.fab.com)

Fab is an e-commerce company focused on everyday design across all price
points and all verticals. In November 2011, five months after re-launching,
Fab reached one million members. The company reached this number faster
than Facebook, Twitter and Groupon, with social media representing a key
driver of its rapid growth. It is the world's fastest growing e-commerce
site, having grown from 175,000 members at launch in June 2011, to over ten
million as of December 2012. Fab by then sold more than 4.3 million
products since its launch, averaging 5.4 products sold per minute. The
company also employs a mobile first strategy with its digital products,
with an emphasis on iPad and iPhone, and released a custom mobile app in
October 2012. Its fast growing European business is headquartered in
Berlin.

  - Rheingau Founders (www.rheingau-founders.com)

Rheingau Founders is a young incubator with a focus on the areas of
'internet' and 'mobile'. Through its partners' experience from various
successful start-ups, Rheingau Founders can actively support the founding
team in the very early stages of their start-up project. Aside from
providing the first round of capital for its portfolio companies, Rheingau
Founders play a very active role in the start-up's crucial operations for
the first 12 months after foundation. Rheingau Founders have co-founded
Lieferando, Madvertise and Customer Alliance. Throughout their involvement
in the past years, their portfolio companies have created more than 400
jobs and obtained venture financing in excess of EUR 50m.

  - TVSmiles (www.tvsmiles.de)

TVSMILES is the first rewards program for TV advertising set to launch in
May 2013. The new mobile app connects television, online and point of sale
and offers marketers brand new forms of consumer direct marketing.

  - Zapitano (www.zapitano.de)

Zapitano, the Social TV-Platform, expands watching television into a public
viewing event. Viewers continue watching a program on television, but at
the same time use Zapitano on a second screen. With Zapitano, viewers have
their personal TV-Buddy. The viewer becomes an active Zapitano instead of a
passive Zapper. The television couch is getting full again in an excitingly
different way.
By doing this, Zapitano indirectly creates a return path to TV, which opens
very lucrative revenue streams. Zapitano's iPad-App ranks within the top
ten apps in the App Store - together with Facebook, Twitter, Pinterest and
other famous apps.

 
Pressekontakt
German Startups Group Berlin AG
Christoph Gerlinger

Tel +49 (0)30-610 900 730-0
Mail info@german-startups.com
Web www.german-startups.com

German Startups Group - We love startups!
German Startups Group Berlin AG is a venture capital provider in Berlin.
Under the slogan, 'smart, fast and friendly money', the German Startups
Group gives new companies the chance to quickly secure financing, and to
provide more mature startups with additional funding and established
companies in special situations with additional funds to finance certain
measures. Our main investment criteria are disruptive innovation in product
or business model, high scalability and entrepreneurial talent. In addition
to the capital, the German Startups Group offers its portfolio companies
practical advice and active support from seasoned entrepreneurs, upon
request.
Internet: www.german-startups.com


End of Media Release

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Issuer: German Startups Group Berlin AG
Key word(s): Finance

02.05.2013 Dissemination of a Press Release, transmitted by DGAP - a
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209431 02.05.2013